Economy

Tuesday, April 21st 2020 - 10:14 UTC
Trump to sign executive order temporarily suspending immigration to the US

US President Donald Trump said on Monday he will sign an executive order to temporarily suspend immigration into the United States. “In light of the attack from the Invisible Enemy, as well as the need to protect the jobs of our GREAT American Citizens, I will be signing an Executive Order to temporarily suspend immigration into the United States”, Trump said in a tweet late on Monday.
Tuesday, April 21st 2020 - 10:00 UTC
UK and EU resume a week long round of Brexit trade talks; IMF concern, urges extension of deadline

British and European Union (EU) officials restarted on Monday a week-long round of Brexit trade talks after a break because of the coronavirus, which is making an end-of-year deal look even more unlikely. After a first-round in early March negotiations were suspended for six weeks as officials focused on the deadly virus sweeping Europe.
Tuesday, April 21st 2020 - 09:55 UTC
Falklands appoints new Financial Secretary, takes office 24 April: quarantine and swab test waiting for him

The Falkland Islands Government announced on Monday the appointment of Tim Waggott as the new Financial Secretary, taking up his position from the 24 April 2020.
Tuesday, April 21st 2020 - 08:52 UTC
Ecuador receives temporary reprieve to defer interest payments

Ecuador received a temporary reprieve over the weekend when the government announced that a sufficient number of investors had agreed to a consent solicitation to defer interest payments.
Monday, April 20th 2020 - 08:55 UTC
Argentine fisheries industry estimates exports to drop 30% this year because of COVID-19

Hard times ahead for fisheries exports. According to a paper circulated among members of Argentina's different fish industry chambers foreign market prospects are not encouraging since the main markets, Spain, Italy, China and the United States, are suffering the greatest impact from the coronavirus pandemic.
Monday, April 20th 2020 - 07:41 UTC
US lawmakers ask payroll assistance for local newspapers and broadcast stations

A bipartisan group of U.S. lawmakers called on Sunday for expanding payroll assistance to struggling local newspapers and broadcast stations that have seen advertising revenue plummet during the coronavirus pandemic.
Monday, April 20th 2020 - 07:37 UTC
Brazilian central bank estimates economy will begin to recover in the fourth quarter

Brazil's central bank president Roberto Campos Neto said this weekend that Latin America's largest economy will begin to recover from the coronavirus crisis in the fourth quarter, according to an interview in local media.
Monday, April 20th 2020 - 06:51 UTC
Norwegian Cruise Line exploring financial options including sale of a stake

Norwegian Cruise Line Holdings Ltd has hired investment bank Goldman Sachs Group Inc to explore financing options that could include the sale of a stake in the company, according to a report filed by Reuters.
Saturday, April 18th 2020 - 18:55 UTC
Falklands Government unveils comprehensive COVID-19 support package

The Falkland Islands Government announced on Friday a suite of new measures to assist businesses, private sector employees and households as they adjust to the economic effects of the COVID-19 Pandemic.
Saturday, April 18th 2020 - 08:56 UTC
Overwhelmed by the pandemic, Ecuador on the cliff of a US$ 17bn default

The coronavirus outbreak in Ecuador is increasing pressure on President Lenin Moreno to default on US$ 17 billion in debt and devote more resources toward fighting a pandemic that has left bodies in the streets of the nation’s largest city.